BEST IN SKY: what changed
What changed
BEST IN SKY
NACE 85.329, Education
filed annual accounts (NBB)
Net result for the year
€14,242
2024 · €379+€13,863
Equity
€201,193
2024 · €186,951+€14,242
Cash
€167,675
2024 · €153,695+€13,980
Balance sheet total
€525,715
2024 · €551,052-€25,337
Largest movements
Assets
- Tangible fixed assets -€30,804
down €30,804 (-11.9%), from €259,700 to €228,896
- Cash +€13,980
up €13,980 (+9.1%), from €153,695 to €167,675
mainly Depreciation (+€32,302) and Trade debts (+€29,211)
- Receivables within one year -€5,833
down €5,833 (-5.5%), from €105,930 to €100,097
of which Trade receivables: -€5,211
Equity and liabilities
- Current portion of long-term debt -€51,565
down €51,565 (-59.2%), from €87,118 to €35,553
- Debts after one year -€32,876
down €32,876 (-32.6%), from €100,734 to €67,858
of which Financial debts: -€33,065
- Trade debts +€29,211
up €29,211 (+90.1%), from €32,425 to €61,636
- Reserves +€14,000
up €14,000 (+63.6%), from €22,000 to €36,000
of which Tax-exempt reserves: +€34,000
- Tax, wage and social debts +€12,853
new in 2025: €12,853
Income statement
- Gross operating margin -€102,067
down €102,067 (-53.8%), from €189,748 to €87,680
- Provisions -€94,645
down €94,645 (-100%), from €94,645 to €0
- Other operating charges -€12,920
down €12,920 (-77.1%), from €16,759 to €3,839
- Depreciation -€7,298
down €7,298 (-18.4%), from €39,600 to €32,302
- Financial charges -€3,811
down €3,811 (-14.3%), from €26,640 to €22,829
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€379
Gross operating margin
-€102,067
Depreciation
+€7,298
Write-downs
+€435
Provisions
+€94,645
Other operating charges
+€12,920
Other operating items
+€316
Financial income
-€345
Financial charges
+€3,811
Taxes
-€3,149
Result 2025
€14,242
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€100,006
Investment
-€1,498
Financing
-€84,528
Cash 2024
€153,695
From operations (derived)
+€100,006
Net result for the year
+€14,242
Depreciation
+€32,302
Receivables within one year
+€5,833
Deferred charges and accrued income
+€2,680
Trade debts
+€29,211
Tax, wage and social debts
+€12,853
Advances received
-€1,019
Accrued charges and deferred income
+€3,903
Investment (derived)
-€1,498
Investment in fixed assets (net)
-€1,498
Financing
-€84,528
Debts after one year
-€32,876
Current portion of long-term debt
-€51,565
Short-term financial debts
-€87
Cash 2025
€167,675
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €551,052 | €525,715 | -€25,337 | -4.6% |
| Fixed assets | 21/28 | €259,700 | €228,896 | -€30,804 | -11.9% |
| Tangible fixed assets | 22/27 | €259,700 | €228,896 | -€30,804 | -11.9% |
| Furniture and vehicles | 24 | €259,700 | €228,896 | -€30,804 | -11.9% |
| Current assets | 29/58 | €291,352 | €296,819 | +€5,467 | +1.9% |
| Amounts receivable within one year | 40/41 | €105,930 | €100,097 | -€5,833 | -5.5% |
| Trade receivables | 40 | €103,861 | €98,651 | -€5,211 | -5.0% |
| Other amounts receivable | 41 | €2,069 | €1,446 | -€622 | -30.1% |
| Cash at bank and in hand | 54/58 | €153,695 | €167,675 | +€13,980 | +9.1% |
| Deferred charges and accrued income | 490/1 | €31,727 | €29,047 | -€2,680 | -8.4% |
| Total equity and liabilities | 10/49 | €551,052 | €525,715 | -€25,337 | -4.6% |
| Equity | 10/15 | €186,951 | €201,193 | +€14,242 | +7.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €22,000 | €36,000 | +€14,000 | +63.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €34,000 | +€34,000 | |
| Distributable reserves | 133 | €20,000 | - | -€20,000 | |
| Profit (loss) carried forward | 14 | €144,951 | €145,193 | +€242 | +0.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Amounts payable | 17/49 | €364,101 | €324,522 | -€39,579 | -10.9% |
| Amounts payable after more than one year | 17 | €100,734 | €67,858 | -€32,876 | -32.6% |
| Financial debts | 170/4 | €48,430 | €15,365 | -€33,065 | -68.3% |
| Other amounts payable | 178/9 | €52,304 | €52,492 | +€189 | +0.4% |
| Amounts payable within one year | 42/48 | €158,645 | €148,038 | -€10,607 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €87,118 | €35,553 | -€51,565 | -59.2% |
| Financial debts | 43 | €10,273 | €10,186 | -€87 | -0.8% |
| Credit institutions | 430/8 | €10,273 | €10,186 | -€87 | -0.8% |
| Trade debts | 44 | €32,425 | €61,636 | +€29,211 | +90.1% |
| Suppliers | 440/4 | €32,425 | €61,636 | +€29,211 | +90.1% |
| Advances received on contracts in progress | 46 | €28,829 | €27,810 | -€1,019 | -3.5% |
| Taxes, remuneration and social security | 45 | - | €12,853 | +€12,853 | |
| Taxes | 450/3 | - | €12,853 | +€12,853 | |
| Accrued charges and deferred income | 492/3 | €104,723 | €108,626 | +€3,903 | +3.7% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,600 | €32,302 | -€7,298 | -18.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €435 | €0 | -€435 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €94,645 | €0 | -€94,645 | -100% |
| Other operating charges | 640/8 | €16,759 | €3,839 | -€12,920 | -77.1% |
| Non-recurring operating charges | 66A | €316 | €0 | -€316 | -100% |
| Gross operating margin | 9900 | €189,748 | €87,680 | -€102,067 | -53.8% |
| Operating profit (loss) | 9901 | €37,993 | €51,539 | +€13,546 | +35.7% |
| Financial income | 75/76B | €1,623 | €1,278 | -€345 | -21.2% |
| Recurring financial income | 75 | €1,623 | €1,278 | -€345 | -21.2% |
| Financial charges | 65/66B | €26,640 | €22,829 | -€3,811 | -14.3% |
| Recurring financial charges | 65 | €26,640 | €22,829 | -€3,811 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €12,976 | €29,988 | +€17,012 | +131% |
| Income taxes | 67/77 | €12,597 | €15,746 | +€3,149 | +25.0% |
| Profit (loss) for the period | 9904 | €379 | €14,242 | +€13,863 | +3,656% |
| Profit (loss) for the period to be appropriated | 9905 | €379 | €14,242 | +€13,863 | +3,656% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.